Fund Details
Mirae Asset Savings Fund Regular Savings Plan Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.91% |
| NAV | ₹1771.35 (19 Jan 2021) |
|---|---|
| Fund Started | 05 Mar 2008 |
| Fund Size | ₹1,088 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Exit load is zero
3. Age is more than 10 years
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
2. Risk is higher compared to the benchmark
3. 1Y Returns are lower than the benchmark
4. 3Y Returns are lower than the benchmark
5. 5Y Returns are lower than the benchmark
6. Risk-adjusted returns are lower compared to the category
7. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Steel Authority Of India Ltd. | Metals | CP | 4.9% |
| Chennai Petroleum Corpn. Ltd. | Energy | CP | 4.9% |
| ICICI Securities Ltd. | Financial | CP | 4.9% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Debenture | 4.1% |
| Karnataka State | Others | SDL | 2.6% |
| National Thermal Power Corp. Ltd. | Energy | NCD | 2.6% |
| National Bank For Agriculture & Rural Development | Financial | CP | 2.4% |
| Export-Import Bank Of India | Financial | CD | 2.4% |
| GOI | Sovereign | GOI Sec | 2.1% |
| GOI | Sovereign | GOI Sec | 2.0% |
Fund Managers
Mirae Asset Savings Fund Regular Savings Plan Growth Details
Mirae Asset Savings Fund Regular Savings Plan Growth is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 05 Mar 2008. Mahendra Jajoo is the Current Fund Manager of Mirae Asset Savings Fund Regular Savings Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,088 Cr and the Latest NAV as of 19 Jan 2021 is ₹1771.35.
The Mirae Asset Savings Fund Regular Savings Plan Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
Investment Objective
The scheme aims to enhance income consistent with a high level of liquidity, through a judicious portfolio mix of money market and debt instruments.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
